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I must admit, this might be my favourite event of this Summit... but don’t tell anyone! It is indeed a great opportunity to address such a unique and inspiring crowd of young pioneers from a variety of backgrounds.

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I am delighted to open the World Government Summit and to deepen the strategic partnership between the Summit and the OECD. This Summit is an important opportunity to reflect on the deep governance transformations that are needed to make economies and societies more resilient and inclusive.

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This report, undertaken within the framework of the OECD Champion Mayors for Inclusive Growth initiative, assesses inclusive growth trends and challenges in the Seoul metropolitan area. The analysis goes beyond income to assess the barriers faced by specific groups - non-regular workers, youth, women, the elderly and migrants - across four dimensions: education, labour market, housing and the urban environment, and infrastructure and public services. The study then takes a closer look at two major policy efforts by the Seoul Metropolitan Government to advance inclusive growth. The study analyses the city’s efforts to ensure that strategies to address climate change also protect and benefit the most vulnerable populations, notably through the Promise of Seoul, which puts citizen welfare and social inclusion at the heart of the city’s efforts to tackle climate change. The study also assesses the efforts of city authorities to level the playing field for small firms and entrepreneurs through its Economic Democratisation Agenda.

Mr. Angel Gurría, Secretary-General of the OECD, will be in the United Arab Emirates on 10-11 February 2018 to attend the World Government Summit and deliver a keynote speech at the Opening Plenary Session.

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This report discusses key issues surrounding finance mobilisation for achieving Georgia’s climate change and green growth targets, and new investment opportunities for developing its capital market. The report focuses particularly on finance for climate change mitigation from various sources – private and public, national and international – but remains relevant for other issues around the country’s green growth agenda, such as energy productivity, air pollution prevention, climate change adaptation, better waste management, conservation of natural resources, and the technologies and innovations that help tackle these issues.

The risk of the Seine flooding the Ile de France region is a major one. In 2014, the OECD estimated that flooding comparable to the historic 1910 flood could affect up to 5 million citizens and cause damage costing up to 30 billion euros. This update tracks the progress made since 2014 and identifies remaining challenges.

Action to prevent the risk of major flooding in Paris and the Ile de France region has improved in recent years – particularly after the Seine burst its banks in May and June 2016 – but urban and territorial planning needs to be better adapted, governance strengthened and long-term funding clarified, according to the OECD.

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Action to prevent the risk of major flooding in Paris and the Ile de France region has improved in recent years – particularly after the Seine burst its banks in May and June 2016 – but urban and territorial planning needs to be better adapted, governance strengthened and long-term funding clarified, according to the OECD.